ARGA Investment Management, LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 30, 2026), ARGA Investment Management, LP reported 109 stock positions worth $3.0 billion. Its top holding was XP Class A (XP) at 12.9% of the portfolio, followed by Petroleo Brasileiro-Spon ADR (PBR, 12.0%) and Banco Bradesco-ADR (BBD, 9.0%). Compared with Q4 2025, it opened 17 new positions, sold out of 18, added to 30 and reduced 37. The biggest buy was XP Class A (XP, shares +4%) and the biggest sale Nutrien (NTR, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001556915
- Portfolio Value
- $3.0B (Q1 2026)
- SEC Filing
- 0001104659-26-052595 ↗ filed Apr 30, 2026
Holdings Value
Holdings 109 stocks · $3.0B
| XP XP Inc. Class A | 12.94% | 20,699,135 | $394.1M | Add +4.0% |
| PBR Petroleo Brasileiro-Spon ADR | 12.05% | 17,680,229 | $366.9M | Reduce -6.8% |
| BBD Banco Bradesco-ADR | 9.01% | 75,139,939 | $274.3M | Reduce -33.3% |
| MGA Magna International Inc. | 6.92% | 3,771,359 | $210.6M | Reduce -10.1% |
| TSM Taiwan Semiconductor-SP ADR | 6.90% | 621,655 | $210.1M | Reduce -6.9% |
| LVS Las Vegas Sands Corp. | 6.63% | 3,748,681 | $202.0M | Add +10.1% |
| NOK Nokia Corp.-Spon ADR | 5.38% | 20,388,202 | $163.9M | Add +166.4% |
| TCOM Trip.com Group Ltd.-ADR | 4.68% | 2,861,617 | $142.5M | Reduce -27.4% |
| TTE Totalenergies SE | 3.65% | 1,187,329 | $111.1M | Add +139.6% |
| MLCO Melco Resorts & Entert-ADR | 2.71% | 14,508,114 | $82.4M | Reduce -36.5% |
| ELV Elevance Health Inc. | 1.97% | 205,063 | $60.0M | Reduce -26.2% |
| GLOB Globant SA | 1.67% | 1,105,070 | $51.0M | Reduce -45.5% |
| ARW Arrow Electronics Inc. | 1.57% | 333,265 | $47.8M | Reduce -3.0% |
| NXPI NXP Semiconductors NV | 1.47% | 228,027 | $44.9M | Reduce -12.7% |
| PTEN Patterson-Uti Energy Inc. | 1.39% | 3,908,308 | $42.3M | Reduce -2.6% |
| HUM Humana Inc. | 1.31% | 230,077 | $39.9M | Add +3.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.31% | 441,866 | $39.8M | Add +8.7% |
| AA Alcoa Corp. | 1.30% | 598,004 | $39.7M | Reduce -13.2% |
| CMCSA Comcast Corp. Class A | 1.28% | 1,356,984 | $39.0M | Add +19080.0% |
| BF.B Brown-Forman Corp. Class B | 1.21% | 1,395,997 | $36.9M | New |
| MHK Mohawk Industries Inc. | 1.14% | 353,433 | $34.8M | Add +36.1% |
| HAL Halliburton Co. | 1.14% | 890,033 | $34.7M | Add +10.7% |
| HDB HDFC Bank Ltd.-ADR | 1.11% | 1,359,856 | $33.8M | Add +29.1% |
| DOW Dow Inc. filed as DOW HLDGS INC | 1.00% | 729,463 | $30.4M | Add +11.4% |
| MRK Merck & Co. Inc. | 0.99% | 251,458 | $30.2M | Reduce -15.4% |
| LCII Lci Industries | 0.92% | 227,477 | $28.0M | Reduce -12.5% |
| BABA Alibaba Group Holding-SP ADR | 0.71% | 172,660 | $21.7M | Reduce -2.5% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.70% | 263,115 | $21.3M | New |
| SWKS Skyworks Solutions Inc. | 0.64% | 366,179 | $19.6M | New |
| SON Sonoco Products Co. | 0.62% | 347,853 | $18.8M | Add +608.5% |
| OC Owens Corning | 0.57% | 161,642 | $17.5M | New |
| CNC Centene Corp. | 0.52% | 479,954 | $15.7M | Reduce -20.2% |
| SLGN Silgan Holdings Inc. | 0.39% | 307,806 | $11.9M | New |
| FMC FMC Corp. | 0.37% | 661,394 | $11.4M | Add +1092.8% |
| BBWI Bath & Body Works Inc. | 0.33% | 545,534 | $10.2M | Reduce -12.0% |
| CNQ Canadian Natural Resources | 0.22% | 134,731 | $6.6M | Reduce -7.6% |
| RY Royal Bank of Canada | 0.17% | 31,843 | $5.1M | No change |
| LYB Lyondellbasell Indu Class A | 0.13% | 49,926 | $4.0M | Reduce -34.7% |
| ACLS Axcelis Technologies Inc. | 0.13% | 41,408 | $3.9M | Add +123.4% |
| NTR Nutrien Ltd. | 0.11% | 42,699 | $3.2M | Reduce -99.2% |
| UBS UBS Group AG-Reg | 0.10% | 75,301 | $2.9M | Reduce -19.2% |
| ABEV Ambev SA-ADR | 0.09% | 967,134 | $2.8M | Add +62.0% |
| CNI Canadian Natl Railway Co. | 0.09% | 26,801 | $2.8M | Add +32.4% |
| AVT Avnet Inc. | 0.09% | 44,407 | $2.7M | No change |
| ICHR Ichor Holdings Ltd. | 0.09% | 58,390 | $2.7M | No change |
| CPRI Capri Holdings Ltd. | 0.09% | 153,570 | $2.7M | Add +0.1% |
| CRC California Resources Corp. | 0.09% | 37,541 | $2.6M | No change |
| ONTO Onto Innovation Inc. | 0.08% | 12,291 | $2.5M | No change |
| WCC Wesco International Inc. | 0.07% | 8,319 | $2.3M | Reduce -34.8% |
| COLB Columbia Banking System Inc. | 0.07% | 82,790 | $2.3M | Reduce -8.1% |
| AZN Astrazeneca PLC | 0.07% | 11,643 | $2.3M | New |
| RNR Renaissancere Holdings Ltd. | 0.07% | 7,614 | $2.3M | New |
| ASO Academy Sports & Outdoors Inc. | 0.07% | 39,312 | $2.2M | No change |
| AER Aercap Holdings NV | 0.07% | 16,027 | $2.2M | Add +0.9% |
| INMD Inmode Ltd. | 0.06% | 143,658 | $2.0M | No change |
| CZR Caesars Entertainment Inc. | 0.06% | 73,499 | $1.9M | No change |
| BCC Boise Cascade Co. | 0.06% | 25,212 | $1.9M | Add +6.2% |
| MAN Manpowergroup Inc. | 0.06% | 64,118 | $1.9M | Reduce -89.5% |
| OLN Olin Corp. | 0.06% | 61,315 | $1.8M | Add +2.5% |
| CHRD Chord Energy Corp. | 0.06% | 11,900 | $1.7M | No change |
| BANC Banc of California Inc. | 0.06% | 95,387 | $1.7M | Add +8.0% |
| WYNN WYNN Resorts Ltd. | 0.05% | 16,225 | $1.6M | No change |
| MSM MSC Industrial Direct Co. Class A | 0.05% | 17,710 | $1.6M | New |
| VALE Vale SA-SP ADR | 0.05% | 101,727 | $1.6M | Reduce -44.2% |
| WD Walker & Dunlop Inc. | 0.05% | 35,629 | $1.6M | Add +96.7% |
| PVH PVH Corp. | 0.05% | 21,302 | $1.5M | Add +428.9% |
| SLM SLM Corp. | 0.05% | 68,100 | $1.5M | Add +0.9% |
| VET Vermilion Energy Inc. | 0.05% | 105,369 | $1.5M | No change |
| ACHC Acadia Healthcare Co. Inc. | 0.04% | 57,098 | $1.3M | Add +29.7% |
| FAF First American Financial | 0.04% | 21,116 | $1.3M | Reduce -38.2% |
| IVZ Invesco Ltd. | 0.04% | 50,321 | $1.2M | Reduce -22.3% |
| ITGR Integer Holdings Corp. | 0.04% | 13,739 | $1.2M | New |
| NSP Insperity Inc. | 0.04% | 42,734 | $1.2M | Add +6.1% |
| PSIX Power Solutions Internationa | 0.03% | 16,238 | $989K | New |
| JAZZ Jazz Pharmaceuticals PLC | 0.03% | 5,172 | $978K | No change |
| THO Thor Industries Inc. | 0.03% | 12,155 | $971K | No change |
| BZ Kanzhun Ltd. - ADR | 0.03% | 67,813 | $908K | No change |
| LRN Stride Inc. | 0.03% | 10,090 | $890K | New |
| NVST Envista Holdings Corp. | 0.03% | 33,860 | $859K | Reduce -27.4% |
| ATKR Atkore Inc. | 0.02% | 11,401 | $672K | No change |
| AGO Assured Guaranty Ltd. | 0.02% | 7,938 | $647K | No change |
| UGI Ugi Corp. | 0.02% | 17,112 | $623K | Reduce -40.8% |
| JXN Jackson Financial Inc. Class A | 0.02% | 5,794 | $613K | Reduce -50.9% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.02% | 59,441 | $588K | No change |
| VSXY Victoria's Secret & Co. | 0.02% | 12,341 | $572K | Reduce -75.7% |
| MOH Molina Healthcare Inc. | 0.02% | 4,166 | $555K | Add +1.4% |
| AMN Amn Healthcare Services Inc. | 0.02% | 29,767 | $546K | Reduce -35.0% |
| PII Polaris Inc. | 0.02% | 9,364 | $510K | Reduce -56.6% |
| VSH Vishay Intertechnology Inc. | 0.02% | 25,563 | $460K | No change |
| KFY Korn Ferry | 0.01% | 7,251 | $456K | Reduce -71.8% |
| WB Weibo Corp.-Spon ADR | 0.01% | 52,156 | $456K | No change |
| CC The Chemours Co. | 0.01% | 20,150 | $444K | No change |
| PLOW Douglas Dynamics Inc. | 0.01% | 10,193 | $429K | Reduce -37.8% |
| UCTT Ultra Clean Holdings Inc. | 0.01% | 6,694 | $416K | New |
| FIBK First Interstate Bancsys-A | 0.01% | 12,411 | $415K | New |
| NAVI Navient Corp. | 0.01% | 48,972 | $401K | No change |
| CRI Carter's Inc. | 0.01% | 10,956 | $392K | Reduce -29.4% |
| AMWD American Woodmark Corp. | 0.01% | 9,644 | $384K | Add +31.2% |
| FOXF Fox Factory Holding Corp. | 0.01% | 20,324 | $335K | New |
| APAM Artisan Partners Asset Ma -A | 0.01% | 8,885 | $323K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| NTR Nutrien Ltd. | Reduce -99.2% | 0.11% | −8.83 |
| BAP Credicorp Ltd. | Sold out | 0.00% | −5.46 |
| TCOM Trip.com Group Ltd.-ADR | Reduce -27.4% | 4.68% | −3.05 |
| MLCO Melco Resorts & Entert-ADR | Reduce -36.5% | 2.71% | −2.01 |
| GLOB Globant SA | Reduce -45.5% | 1.67% | −1.94 |
| LEA Lear Corp. | Sold out | 0.00% | −1.23 |
| BBD Banco Bradesco-ADR | Reduce -33.3% | 9.01% | −1.22 |
| EPAM Epam Systems Inc. | Sold out | 0.00% | −1.08 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −1.08 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −1.03 |
| ELV Elevance Health Inc. | Reduce -26.2% | 1.97% | −0.68 |
| MAN Manpowergroup Inc. | Reduce -89.5% | 0.06% | −0.43 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.43 |
| CTSH Cognizant Tech Solutions-A | Sold out | 0.00% | −0.32 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.19 |
| CNC Centene Corp. | Reduce -20.2% | 0.52% | −0.16 |
| NXPI NXP Semiconductors NV | Reduce -12.7% | 1.47% | −0.07 |
| VSXY Victoria's Secret & Co. | Reduce -75.7% | 0.02% | −0.06 |
| GSL Global Ship Lease Inc. Class A | Sold out | 0.00% | −0.05 |
| KFY Korn Ferry | Reduce -71.8% | 0.01% | −0.03 |
| GGB Gerdau SA -Spon ADR | Sold out | 0.00% | −0.02 |
| UBS UBS Group AG-Reg | Reduce -19.2% | 0.10% | −0.02 |
| PII Polaris Inc. | Reduce -56.6% | 0.02% | −0.02 |
| FAF First American Financial | Reduce -38.2% | 0.04% | −0.02 |
| JXN Jackson Financial Inc. Class A | Reduce -50.9% | 0.02% | −0.01 |
| INDV Indivior Ltd. | Sold out | 0.00% | −0.01 |
| VALE Vale SA-SP ADR | Reduce -44.2% | 0.05% | −0.01 |
| WCC Wesco International Inc. | Reduce -34.8% | 0.07% | −0.01 |
| UGI Ugi Corp. | Reduce -40.8% | 0.02% | −0.01 |
| KELYA Kelly Services Inc. Class A | Sold out | 0.00% | −0.01 |
| HCC Warrior Met Coal Inc. | Sold out | 0.00% | −0.01 |
| TNET Trinet Group Inc. | Sold out | 0.00% | −0.01 |
| SKM SK Telecom Co. Ltd.-Spon ADR | Sold out | 0.00% | −0.01 |
| CNXC Concentrix Corp. | Sold out | 0.00% | −0.01 |
| IVZ Invesco Ltd. | Reduce -22.3% | 0.04% | −0.01 |
| C Citigroup Inc. | Sold out | 0.00% | −0.01 |
| BBWI Bath & Body Works Inc. | Reduce -12.0% | 0.33% | −0.00 |
| NWL Newell Brands Inc. | Sold out | 0.00% | −0.00 |
| AMN Amn Healthcare Services Inc. | Reduce -35.0% | 0.02% | −0.00 |
| CRI Carter's Inc. | Reduce -29.4% | 0.01% | −0.00 |
| PLOW Douglas Dynamics Inc. | Reduce -37.8% | 0.01% | −0.00 |
| NVST Envista Holdings Corp. | Reduce -27.4% | 0.03% | +0.00 |
| SHG Shinhan Financial Group-ADR | Reduce -7.8% | 0.01% | +0.00 |
| BABA Alibaba Group Holding-SP ADR | Reduce -2.5% | 0.71% | +0.00 |
| COLB Columbia Banking System Inc. | Reduce -8.1% | 0.07% | +0.01 |
| LYB Lyondellbasell Indu Class A | Reduce -34.7% | 0.13% | +0.04 |
| LCII Lci Industries | Reduce -12.5% | 0.92% | +0.06 |
| CNQ Canadian Natural Resources | Reduce -7.6% | 0.22% | +0.08 |
| MRK Merck & Co. Inc. | Reduce -15.4% | 0.99% | +0.14 |
| AA Alcoa Corp. | Reduce -13.2% | 1.30% | +0.30 |
Portfolio Buys Q4 2025 → Q1 2026
| XP XP Inc. Class A | Add +4.0% | 12.94% | +4.06 |
| NOK Nokia Corp.-Spon ADR | Add +166.4% | 5.38% | +4.03 |
| TTE Totalenergies SE | Add +139.6% | 3.65% | +2.76 |
| CMCSA Comcast Corp. Class A | Add +19080.0% | 1.28% | +1.27 |
| BF.B Brown-Forman Corp. Class B | New | 1.21% | +1.21 |
| SQM Quimica Y Minera Chil-SP ADR | New | 0.70% | +0.70 |
| SWKS Skyworks Solutions Inc. | New | 0.64% | +0.64 |
| LVS Las Vegas Sands Corp. | Add +10.1% | 6.63% | +0.59 |
| DOW Dow Inc. | Add +11.4% | 1.00% | +0.58 |
| OC Owens Corning | New | 0.57% | +0.57 |
| SON Sonoco Products Co. | Add +608.5% | 0.62% | +0.56 |
| HAL Halliburton Co. | Add +10.7% | 1.14% | +0.52 |
| SLGN Silgan Holdings Inc. | New | 0.39% | +0.39 |
| MHK Mohawk Industries Inc. | Add +36.1% | 1.14% | +0.37 |
| FMC FMC Corp. | Add +1092.8% | 0.37% | +0.35 |
| TROW T Rowe Price Group Inc. | Add +8.7% | 1.31% | +0.17 |
| ACLS Axcelis Technologies Inc. | Add +123.4% | 0.13% | +0.09 |
| AZN Astrazeneca PLC | New | 0.07% | +0.07 |
| RNR Renaissancere Holdings Ltd. | New | 0.07% | +0.07 |
| HDB HDFC Bank Ltd.-ADR | Add +29.1% | 1.11% | +0.06 |
| MSM MSC Industrial Direct Co. Class A | New | 0.05% | +0.05 |
| ABEV Ambev SA-ADR | Add +62.0% | 0.09% | +0.05 |
| PVH PVH Corp. | Add +428.9% | 0.05% | +0.04 |
| ITGR Integer Holdings Corp. | New | 0.04% | +0.04 |
| CNI Canadian Natl Railway Co. | Add +32.4% | 0.09% | +0.04 |
| PSIX Power Solutions Internationa | New | 0.03% | +0.03 |
| LRN Stride Inc. | New | 0.03% | +0.03 |
| ACHC Acadia Healthcare Co. Inc. | Add +29.7% | 0.04% | +0.03 |
| OLN Olin Corp. | Add +2.5% | 0.06% | +0.03 |
| WD Walker & Dunlop Inc. | Add +96.7% | 0.05% | +0.02 |
| BCC Boise Cascade Co. | Add +6.2% | 0.06% | +0.02 |
| UCTT Ultra Clean Holdings Inc. | New | 0.01% | +0.01 |
| FIBK First Interstate Bancsys-A | New | 0.01% | +0.01 |
| FOXF Fox Factory Holding Corp. | New | 0.01% | +0.01 |
| AER Aercap Holdings NV | Add +0.9% | 0.07% | +0.01 |
| BANC Banc of California Inc. | Add +8.0% | 0.06% | +0.01 |
| EPC Edgewell Personal Care Co. | New | 0.01% | +0.01 |
| OXY Occidental Petroleum Corp. | New | 0.01% | +0.01 |
| JBI Janus International Group Inc. | New | 0.01% | +0.01 |
| MU Micron Technology Inc. | Add +18.2% | 0.01% | +0.00 |
| LZB La-Z-Boy Inc. | Add +42.1% | 0.01% | +0.00 |
| AMWD American Woodmark Corp. | Add +31.2% | 0.01% | +0.00 |
| MOH Molina Healthcare Inc. | Add +1.4% | 0.02% | −0.00 |
| SLM SLM Corp. | Add +0.9% | 0.05% | −0.00 |
| NSP Insperity Inc. | Add +6.1% | 0.04% | −0.00 |
| CPRI Capri Holdings Ltd. | Add +0.1% | 0.09% | −0.01 |
| HUM Humana Inc. | Add +3.1% | 1.31% | −0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 121 | $3.9B | XP, AER, TSM, PBR, TCOM |
| Q1 2026 | 109 | $3.0B | XP, PBR, BBD, MGA, TSM |
| Q4 2025 | 110 | $3.7B | BBD, NTR, XP, TCOM, PBR |
| Q3 2025 | 110 | $3.8B | BBD, NTR, TCOM, PBR, LVS |
| Q2 2025 | 123 | $3.7B | LVS, BBD, NTR, TCOM, UBS |
| Q1 2025 | 121 | $3.0B | NTR, LVS, BBD, TCOM, UBS |
| Q4 2024 | 122 | $3.1B | LVS, TCOM, NTR, UBS, MLCO |
| Q3 2024 | 128 | $3.0B | TCOM, LVS, NTR, MLCO, UBS |
| Q2 2024 | 128 | $2.8B | BABA, NTR, MLCO, UBS, TCOM |
| Q1 2024 | 138 | $3.0B | BABA, MLCO, TCOM, TSM, NTR |